A blog dedicated to tracking the continuing decline of housing markets throughout the USA. It is a long slow decline. But, decline it will. The speculative episode was simply unsustainable. With special attention to the Washington, DC area. Please join in the discussion.
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Posted on October 15, 2007
Housing slump affects sales tax collections (Atlanta Journal-Constitution)8503 2nd Ave in Silver Spring, MD just reduced agains to 589K. See Previous PostRTC2? Banks in desperate $80 billion scramble to avoid mark to market meltdown. Just delaying the inevitable (Housing Panic)...
Original article linkTags:
housing , housing panic default explanation





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